Subsidy Tracker Parent Company Summary
Parent Company Name:
M&T Bank
Ownership Structure:
publicly traded (ticker symbol MTB)
Headquartered in:
New York
Major Industry:
financial services
Specific Industry:
banking
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $58,921,456 | 43 |
| Federal (grants and allocated tax credits) | $243,087 | 1 |
| TOTAL | $59,164,543 | 44 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $9,913,450,000 | 30 |
| TOTAL | $9,913,450,000 | 30 |
Time Period for State and Local Awards:
Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2008.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
M AND T MORTGAGE; M AND T REAL ESTATE; M&T; PROVIDENT BANK OF MD; WILMINGTON SP SERVICES (CALIFORNIA) INC; WILMINGTON TRUST
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| New York | $58,204,779 | 40 |
| Delaware | $716,677 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Manufacturers and Traders Trust Company | New York | state | 2005 | $10,423,702 | enterprise zone | |
| Manufacturers and Traders Trust Co. | New York | state | 2006 | $5,923,941 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2010 | $4,914,469 | enterprise zone | |
| M&T BANK CORPORATION | New York | state | 2012 | $4,127,753 | tax credit/rebate | |
| Manufacturers and Traders Trust Company | New York | state | 2007 | $3,424,881 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2012 | $3,265,126 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2004 | $2,649,200 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2013 | $2,610,707 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2003 | $2,589,863 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2002 | $2,334,475 | enterprise zone | |
| M&T BANK CORPORATION | New York | state | 2011 | $1,919,207 | tax credit/rebate | |
| Manufacturers and Traders Trust Company | New York | state | 2008 | $1,826,153 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2009 | $1,742,144 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2001 | $1,591,098 | enterprise zone | |
| M & T Mortgage Corporation | New York | state | 2005 | $1,540,530 | enterprise zone | |
| M & T Bank-FFE | New York | local | 2013 | $1,437,369 | tax credit/rebate; property tax abatement | |
| Manufacturers and Traders Trust Company | New York | state | 2014 | $1,328,746 | enterprise zone | |
| M & T Mortgage Corp. | New York | state | 2006 | $1,322,926 | enterprise zone | |
| Manufacturers and Traders Trust Company | New York | state | 2011 | $828,342 | enterprise zone | |
| M&T Bank Corporation | Delaware | state | 2012 | $627,900 | grant/loan hybrid program | |
| M & T Bank - Technology | New York | local | 2014 | $569,114 | tax credit/rebate | |
| M & T Bank-FFE | New York | local | 2014 | $262,254 | tax credit/rebate | |
| M & T Bank - Technology | New York | local | 2016 | $248,472 | tax credit/rebate | |
| M&T Bank | United States | federal | 2009 | $243,087 | federal grant | |
| M & T Bank-FFE | New York | local | 2012 | $190,591 | tax credit/rebate; property tax abatement | |
| M & T Bank - Technology | New York | local | 2013 | $182,015 | tax credit/rebate; property tax abatement | |
| M & T Bank - Technology | New York | local | 2017 | $169,411 | tax credit/rebate | |
| M & T Bank - Technology | New York | local | 2011 | $162,744 | tax credit/rebate; property tax abatement | |
| M & T Bank - Technology | New York | local | 2015 | $127,324 | tax credit/rebate | |
| M & T Bank - Technology | New York | local | 2012 | $92,997 | tax credit/rebate; property tax abatement | |
| M & T Mortgage Corporation | New York | state | 2004 | $91,070 | enterprise zone | |
| M & T Mortgage Corporation | New York | state | 2003 | $88,541 | enterprise zone | |
| Wilmington Trust Company | Delaware | state | 2004 | $63,777 | training reimbursement | |
| M & T Bank-FFE | New York | local | 2011 | $44,984 | tax credit/rebate; property tax abatement | |
| M & T Securities, Inc. | New York | state | 2001 | $41,018 | enterprise zone | |
| M & T Mortgage Corporation | New York | state | 2002 | $31,713 | enterprise zone | |
| M & T Securities, Inc. | New York | state | 2003 | $25,838 | enterprise zone | |
| Wilmington Trust Company | Delaware | state | 2005 | $25,000 | training reimbursement | |
| M & T Securities, Inc. | New York | state | 2004 | $25,000 | enterprise zone | |
| M & T Securities, Inc. | New York | state | 2002 | $18,288 | enterprise zone | |
| M & T Securities, Inc. | New York | state | 2005 | $15,000 | enterprise zone | |
| M & T Real Estate, Inc. | New York | state | 2003 | $9,692 | enterprise zone | |
| M & T Securities Inc. | New York | state | 2006 | $5,000 | enterprise zone | |
| M & T Real Estate, Inc. | New York | state | 2002 | $3,081 | enterprise zone | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $800,000,000 | federal loan or loan guarantee | |
| M&T Bank Corporation | United States | federal | 2008 | $600,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| Wilmington Trust Company | United States | federal | 2009 | $460,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $400,000,000 | federal loan or loan guarantee | |
| Wilmington Trust Corporation | United States | federal | 2008 | $330,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $300,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $250,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $250,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $200,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $200,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $150,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $150,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $150,000,000 | federal loan or loan guarantee | |
| MANUFACTURERS & TRADERS TC | United States | federal | 2008 | $111,200,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $50,000,000 | federal loan or loan guarantee | |
| WILMINGTON TC | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| PROVIDENT BANK OF MD | United States | federal | 2008 | $38,000,000 | federal loan or loan guarantee | |
| Manufacturers and Traders Trust Company | United States | federal | 2009 | $24,250,000 | federal loan or loan guarantee | |
| M&T Bank, successor to First Natl Bk of MD with Caves Valley Partners Acquisition, LLC | Maryland | local | 2012 | undisclosed | enterprise zone | |
| WILMINGTON SP SERVICES (CALIFORNIA) INC | California | local | 2012 | undisclosed | tax credit/rebate |
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